"comptroller-and-auditor-general"

The Congress government’s claims of paying Rs 6,000–7,000 crore monthly as interest on loans taken during the previous BRS regime have been contradicted by official data. The CAG report reveals average monthly interest payments of around Rs 2,300 crore, totalling Rs 9,355 crore in the first four months of FY 2025–26, just 48% of the annual budgeted estimate.

BRS MLC Dasoju Sravan raised concerns over Telangana’s fiscal health, pointing to a concerning CAG report that shows the state's borrowings have already outpaced its revenue in the first quarter of the current fiscal year. He questioned the government's ability to meet its election promises and urged for a shift toward economic vision and tangible leadership.

Telangana has recorded a fiscal deficit of Rs 9,389 crore and revenue deficit of Rs 5,037 crore in just two months of FY 2025–26. Rising subsidies and low capital spending are intensifying pressure on the State’s finances

Compared to 2022-23, financial assistance to local bodies increased by 11% in 2023-24

Indicates that BRS government prioritised capital expenditure over revenue spending, revenue receipts also showed consistent growth

He said the Chief Minister was spreading false propaganda and misinformation to cover up his failures. He stated that under Revanth Reddy's leadership, the State's economic growth had stagnated, with the government failing to generate sufficient revenue or distribute wealth effectively.

"If the Chief Minister could spell "rejuvenation" correctly, without checking the spelling, I am willing to gift him with the bag," BRS working president KT Rama Rao offered

The latest report published by Comptroller and Auditor General (CAG), reflects a mixed fiscal performance, with revenue receipts scoring slightly above the 50 per cent mark for this period.

The government entities have obtained loans amounting Rs 1,482.50 crore on behalf of the state government of Bihar as on March 31, 2022.

The CAG has further noted that the excess expenditure over the authorisation and subsequent non-regularisation have been regularly reported in the previous State Finances Audit Reports of Uttar Pradesh.

Telangana has been left empty-handed even as the Centre disbursed significant amounts up to Rs.500 crore in Grants-in-Aid to several States

By Seela Subba Rao The Comptroller and Auditor General (CAG) of India’s report on Central Public Sector Enterprises (CPSEs) presented to Parliament in December 2021 showed mixed results – the good, the bad and the downright ugly. After examining a total of 607 CPSEs as on 31 March 2020, the picture brought out by CAG […]

Hyderabad: This is in continuation of last article on Constitutional Bodies and focuses on the functioning and duties of Comptroller and Auditor General. COMPTROLLER AND AUDITOR GENERAL Articles 148 to 151 in Part V of the Constitution of India, deal with the office of the Comptroller and Auditor General. CAG is an independent authority under […]

The state is not only struggling to pay salaries and pensions, the empty coffers have also hit some schemes and the work on infrastructure projects.

Hyderabad: With the union Budget for 2022-23 turning out to be a major disappointment for Telangana and no major increase in revenue receipts or grants from the Centre, the State government has decided to keep its budget realistic. Officials of Finance Department have begun fine-tuning the State budget for 2022-23, maintaining a fine balance between […]

According to the CAG report, the fiscal deficit was 3.11% of GSDP in 2018-19 i.e. within 3.25% prescribed by the 14th Finance Commission and 3.5% target set out in MTFP Statement of the State